Economic Recovery
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The prospects for President Barack Obama's $447 billion jobs plan grew dimmer Monday as he unveiled the fine print of how it would be paid for—primarily through tax increases that Republicans said would destroy jobs, not create them.
GOP Balks at Taxes to Finance Jobs Plan - WSJ.com
Alternative job-creation plan is tough sell for House Republican leadership - TheHill.com
As House Republicans embark on their fall agenda, they face a steep challenge: working out how a party that doesn’t believe the government should create jobs can best present a job-creation platform.
After sleeping through the worst part of the hurricane last night, I woke this morning to the Washington Post reporting that disaster relief will have to be pulled from the Midwest to handle the East Coast hurricane problems. "With less than $1 billion currently available for federal disaster assistance, the Federal Emergency Management Agency is temporarily suspending payments to rebuild roads, schools and other structures destroyed during spring tornadoes in Joplin, Mo. and southern states in order to pay for damage caused by Hurricane Irene." In the most recent budget negotiations the White House and lawmakers agreed on roughly $38 billion in cuts to federal spending to departments and agencies.
Republicans Complain About Cuts to FEMA Hurricane Relief...You Know the Cuts They Wanted | Crooks and Liars
How Republicans Screwed the Pooch - Print View - The Daily Beast
There it sits, lonely and forlorn on my shelf.
Taxes and Billionaires - NYTimes.com
“We cannot miss this opportunity,” he told Fox News . “If we want jobs to come to America, we’ve got to give American businesspeople the confidence to invest in our economy.” So take a look at one of the tax loopholes that Congressional Republicans are refusing to close — even if the cost is that America’s credit rating blows up.
Eric Cantor, House G.O.P. Leader, Leaves Budget Talks - NYTimes.com
The breakdown was set off by the surprise decision of Representative of Virginia, the House majority leader and one of two Republicans participating in sessions led by Vice President Joseph R.They’ve made it explicit.
Democrats Explicitly Call Out GOP For Sabotaging The Economic Recovery | TPMDC
Debt Ceiling Negotiations Break Down Over Taxes - US News and World Report
Just when it was looking as though the two parties were moving ahead with a debt ceiling deal, negotiations between Republicans and the White House broke down on Thursday over taxes.
Some economists expected a rapid bounce-back once we were past the acute phase of the financial crisis — what I think of as the oh-God-we’re-all-gonna-die period — which lasted roughly from September 2008 to March 2009.
How to Kill a Recovery - NYTimes.com